Marine Link
Thursday, March 28, 2024
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International Coatings Ltd News

31 Jul 2003

Nippon Paint and International to Operate Independently

Nippon Paint Co., Ltd (NP) and International Coatings Ltd (IC), part of Akzo Nobel, have mutually agreed to terminate their association in marine coatings from the end of October 2004. During this association the parties have licensed their marine coating technologies to each other and have co-operated in the provision of support and services to customers. This has meant NP’s customers have been supported by IC outside Japan while IC’s customers have been supported by NP in Japan with marine coatings and services for newbuilding and maintenance contracts. The parties will continue to service customers under their existing arrangements until the end of October 2004. Transferred technology will remain available to both NP and IC after the ending of the association.

24 Mar 2003

International Coatings Awarded Contract

International Coatings Ltd. and the Marine Contracting Association, Ltd, Bermuda (Marcas) have signed a contract for the exclusive supply of drydock coatings for over 60 vessels. Member companies, Teekay Shipping Corporation, Vancouver, World Wide Shipping Managers Pte Ltd., Singapore, and Marenostrum Ltda. Lisbon, have allocated all of their 2003 drydockings to International Coatings Ltd. V-Ships Group have also placed a significant proportion of their 2003 dry dockings business with International. The contract represents vessels typically including VLCC’s, Bulk Carriers, Container Vessels, Oil Tankers and Product Carriers. Included in the contract is a comprehensive service package professionally supported by over 400 highly trained International Coatings technical service staff…